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Martinrea expands Querétaro plant with $155M investment · Endata

◂ Announcements

Automotive Componentsworld trade 2024+2.2% 5Y CAGR

Feb 11, 2022EXPANSIONQuerétaro, Mexico

Martinrea expands Querétaro plant with $155M investment

Martinrea announced a $155 million expansion of its operations in Querétaro, Mexico, creating 668 new jobs. The investment will focus on producing aluminum automotive components for Ford, Honda, BMW, General Motors and Lucid.

Value

$155.0M

Jobs

668

Status

Announced

Productsaluminum engine blockstransmission casessuspension bridges

CompaniesMartinrea International Ford Motor Company customer General Motors customer BMW customer Honda Motor Co., Ltd. customer Lucid Group customer

Sectors#Automotive Components

“Martinrea announced the expansion of its operations in Querétaro, in which they will invest 155 million dollars.”promexicoindustry.com

1 source
promexicoindustry.comMartinrea announces investment of 155 million dollars and the creation of 668 jobs in QuerétaroMEXICO INDUSTRYFeb 11, 2022

Summarized from public sources; check the original articles before acting on it.

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Mar 2, 2020ACQUISITION$19.5M2,000 jobs
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Dec 19, 2019ACQUISITIONBergneustadt, Germany (and other plants), Germany$19.5M2,000 jobs
Martinrea International to acquire Metalsa structural components division for $19.5M
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Aug 7, 2019NEW FACILITYQuerétaro, Mexico, Mexico$6.10M190 jobsops 10 Sep 2019
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